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Federal deficit and outstanding treasury debt

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Does size of the Federal deficit and outstanding Treasury debt relative to the size of the U.S. economy and interest rates impact economic growth? Students can go to "Treasury Debt to Penny" in Links to obtain the U.S. outstanding Treasury debt. Currently it is approximately $29 trillion. In January 2017, it was approximately $19.9 trillion when Mr. Obama left. This compares to approximately $10.6 trillion in January 2009 when Mr. Bush left and $5.7 trillion in January 2001 when Mr. Clinton left. Students need to take a position on the Federal outstanding debt and deficit.

Reference no: EM133067142

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